XPO Logistics is an asset-light third party logistics provider of logistics and freight transportation solutions. It serves a client base located primarily within the United States and portions of Canada and Mexico, however, it has gained access to a significant network of operations within Europe and Asia through the major acquisitions of Norbert Dentressangle and Con-Way in 2015. Overall, its story is one of growth by acquisition.
XPO Logistics is publicly traded on the NYSE as XPO. The company's Chief Executive Officer, Bradley Jacobs is the company's second-largest stockholder. At the end of 2016, he owned approximately 15% of XPO's outstanding common stock. The executive management of XPO is formed of a number of M&A veterans, with the CEO alone having executed over 500 mergers and acquisitions over the course of his career.In 2016, XPO had revenues of $14.6bn, almost double its 2015 revenues of $7.6bn. In 2013, XPO's revenues were just $702m.